100% PERFECT TA setups... If you're not watching for these, you might as well go flip burgers.

Scataphagos

Scataphagos

These are perfect S/R "Price TA... KISS" setups.The up arrow is a "matched low". The down arrow is a "bear pivot". If you don't understand, it would be worth it to learn. These setups are the same principle for the really BIG ones.

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Scataphagos said:
These are perfect S/R "Price TA... KISS" setups.The up arrow is a "matched low". The down arrow is a "bear pivot".
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Blue trend/channel lines, whatever, were drawn 100% in hindsight.
As such, the down arrow was placed in hindsight. 100% BS!!

It is possible the yellow range/trend/channel lines were recognized in real-time, given the H/L/bounce pattern.
 
Scataphagos said:
Your "X"s are something. Are they "questioning" or confirmations in your mind.??
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X's are places I marked where a trade would've been taken that failed by jsut using the basic definition of s/r and trendlines.

This hightlights the fact s/r and trendlines are disgustingly subjective from one person to another.

But also proves the point that trading courses take advantage of this because they can be selective in their presentation, but in reality it's worst outcome than what they show.
 
Scataphagos said:
These are perfect S/R "Price TA... KISS" setups.The up arrow is a "matched low". The down arrow is a "bear pivot". If you don't understand, it would be worth it to learn. These setups are the same principle for the really BIG ones.
More...

I have two questions about your teachings of the perfect setup. (see the chart with my questions)

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PPC said:
I have two questions about your teachings of the perfect setup. (see the chart with my questions)

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Jesus crimeny... how stupid can you be? (1) YES.. sell longs or go short on the obvious down arrow.! (Why? Because it's a "technical bear pivot") (2) The "down channel line" (not known at this time) was not the indication... merely my future reference... may/not come into play later if there is a subsequent test. The "tradeable indication" was the "bear pivot". If you don't know that that is, suggest you learn Price TA.

BTW.. I am NOT teaching Price TA. I only point out the OBVIOUS... THAT IS... ONES SO OBVIOUS THAT EVERY (GOOD) TECHNICAL TRADER ON THE PLANET SEES AND PLAYS IT! (The "easy money"... the "finding money in the street" money.)

(And you didn't? And you're giveing giving me shit about it?) For whatever you think is "wrong", you need to look into the mirror. I'm just the messenger.
 
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hilmy83 said:
X's are places I marked where a trade would've been taken that failed by jsut using the basic definition of s/r and trendlines.

This hightlights the fact s/r and trendlines are disgustingly subjective from one person to another.

But also proves the point that trading courses take advantage of this because they can be selective in their presentation, but in reality it's worst outcome than what they show.
More...

NOT subjective at all!!!
 
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